* When will the Crypto Trading go SCAM *
Or in other words,
How long will Crypto Trading stay in Existence ?
Since morning, many people are asking me this question in inbox.
I know their concern, because we have seen TREND of different sort of programs and it is obvious that TRENDS do get fade over time.
e.g. Matrix Trend , Rev Share Trend, HYIP Trend, Forex Programs Trend, Digital Product Affiliate Programs Trend, Cycler Trend, Crypto mining Programs Trend etc.
But try to understand the difference between 'Programs based on Crypto Trading' and 'Crypto Trading' itself.
Some program depended on 'Crypto Trading' may go Scam, because market doesn't run in single Direction.
If there is BEAR market on run, the programs that provide fix profit percentage would not be able to survive and hence go down or run away or SCAM.
Almost everyone of us have only seen 'BULL Market' as far as Crypto Trading has concern.
So, we assume that there are only GAINS to be made, no LOSSES whatsoever.
This is not TRUE.
There can be a reverse cycle too.
As you could Turn your 2 BTC into 5 BTC or 10 BTC during BULL run, similarly the Bearish market behaviour can turn your 10 BTC into 5 BTC or 2 BTC too.
But that is not the END of the market.
That is not SCAM.
if you can hold for enough time, chances are that your 2 BTC would again turn into 5 BTC or 10 BTC or even 15 BTC.
If you are asking me about longevity of Crypto Trading, I would give you example of Trading in Stock.
History of Trading in Stock is not few months or few years old.
It is running since centuries.
Yes, you heard it RIGHT.
'Dutch East India Company' was first registered company in history to offer Shares of Stock to the General Public.
It was founded in year 1602.
Mainly based around Indian Subcontinent and being operated mostly from Bengal, India.
Since then the Stock Market evolved and slowly spread across the world.
Today, after 400+ years the Trading Market is working successfully.
They used to offer SHARES and BONDS printed on paper which changed into Digital Contract Notes that we receive in email today when we buy stock of Reliance or Maruti or Wallmart or Apple.
Crypto Trading world that we see today, is just the tip of an Iceberg.
We are not even warming up.
Only 50,000 people are seen online on Poloniex.
(total number would be more)
Do you know there are more than 50,000 people who do trading in Stock Market in Ahmedabad city only?
We Gujarati people have been dominating the Indian Stock market and if you combine all of us doing Stock trading in Gujarat State and Mumbai city alone - there are Millions of people doing trading.
In fact number of people investing in Equity Market in India would be somewhere between 20 to 25 Million or even more.
Mind well, Indian Stock market runs just 5 days week and that too for less than 7 hours a day.
Crypto Trading world is HUGE.
It runs 24x7.
There are 200+ Nations involved in the Game.
Just imagine what will happen when some of these 250,00,000 would join the existing 50,000+ on Poloniex.
You don't know what you don't know :-)
Remember, We all who are Trading in Crypto Currency today are actually in the process of creating History.
One day your grand kids would tell their friends-
"Hey do you know, my Grandpa/Grandma bought first ETH when it was $10 and ETC when it was only $2. XRP was fucking few cents only when he bought on dip" :-p
Keep Trading.
Create your Fortune by Yourself.
We are years ahead than the Crowd that will follow us for sure.